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The Race to Upcycle CO2 into Fuels, Concrete and More – Advanced BioFuels USA
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Lux Research Introduces a Framework to Help Provide a Path to the Decarbonization of Industry
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CO2 utilisation market to hit $550bn by 2040
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CO2 utilisation market to hit $550bn by 2040
BOSTON, February 21, 2021 The global market size for CO2 utilisation will reach a market value of $70 billion by 2030, increasing to $550 billion by 2040. In its newest report, CO2 Capture & Utilization: The Emergence of a Carbon Economy, Lux Research, a global provider of tech-enabled research and advisory services, forecasts the adoption of CO2 utilisation in the buildings, chemicals, materials, fuels, and food sectors. Despite unprecedented action against climate change over the past decade, global emissions witnessed steady growth and only fell in 2020 due to the coronavirus pandemic. All projections have emissions returning to their upward trajectory unless drastic measures are taken across the entire energy system. While CO2 is a significant contributor to climate change, interest in a potential carbon economy is growing from governments, industry, and the investment community. Carbon capture and utilisa
CO(2) Utilization Will Be a $550 Billion Market by 2040
Carbon capture utilization remains a pivotal technology to remove and recycle CO(2) emissions, according to Lux Research
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BOSTON, Feb. 18, 2021 /PRNewswire/ The global market size for CO
2 utilization will reach a market value of $70 billion by 2030, increasing to $550 billion by 2040. In its newest report, CO
2 utilization in the buildings, chemicals, materials, fuels, and food sectors.
Despite unprecedented action against climate change over the past decade, global emissions witnessed steady growth and only fell in 2020 due to the coronavirus pandemic. All projections have emissions returning to their upward trajectory unless drastic measures are taken across the entire energy system. While CO